Liberty International has insured its defined benefit pension scheme liabilities with Pension Insurance Corporation in a £61m deal.
The FTSE100 listed property company will pass £61m of assets to PIC - £46m in scheme assets and £15m additional company contribution - and in return PIC will fully insure its liabilities. The Li...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
